Money

By Alicia Wallace, CNN (CNN) — Inflation has slowed further and is just a hair’s breadth from the Federal Reserve’s 2% target. The Personal Consumption Expenditures price index, which is the Fed’s preferred inflation gauge, showed prices rose 2.1% for the year ended in September, a slowdown from 2.3% in August, according to Commerce Department

By Clare Duffy, CNN New York (CNN) — Apple CEO Tim Cook said the company’s Apple Intelligence AI tools would “supercharge” the iPhone 16 when he introduced the new device last month. On Thursday, the world got its first glimpse of what Apple’s artificial intelligence technology has meant for iPhone sales. iPhone sales for the

By Hanna Ziady and Anna Chernova, CNN London (CNN) — Russia is seeking an unfathomable sum of money from one of the world’s biggest tech companies. Google reportedly owes the Kremlin more than 2 undecillion rubles — a 2 followed by 36 zeroes — after refusing to pay fines that are now accruing for blocking

By Matt Egan, CNN New York (CNN) — Millions of Americans are frustrated that their dollars aren’t going as far as they once did at the supermarket, on rent or on car insurance. Judy Shelton, a controversial economist who has been floated as a potential pick by former President Donald Trump to lead the Federal

By Jeanne Sahadi, CNN (CNN) — A lot of people stick with their bank for years. Many, many years. That may be because they’re satisfied with the services they get. But in some instances it may be because it’s just too much of a hassle to move their money, especially if they have automated bill

By Nathaniel Meyersohn, CNN New York (CNN) — Starbucks is bringing back hand-written names in Sharpie on cups and self-serve stations with sugar and cream to try to win back customers. Baristas handwriting customers’ names and messages on their drink orders in marker will make a comeback, new Starbucks CEO Brian Niccol said Wednesday on a

By Hadas Gold, CNN New York (CNN) — The Washington Post, Los Angeles Times and USA Today may have declined to endorse a candidate in this year’s presidential election. But former President Donald Trump doesn’t see it that way. Speaking at a rally in North Carolina, Trump claimed Wednesday that the papers’ non-endorsements are actually

By John Towfighi, CNN (CNN) — A fired Disney employee allegedly hacked into the company’s servers to alter its restaurant menus, including falsifying allergen information and printing profane language, according to a federal criminal complaint filed in Florida. The complaint, filed October 23 in the US District Court for the Middle District of Florida, does

By Auzinea Bacon, CNN (CNN) — Chipotle customers have complained that portion sizes are all over the map. The company finally has a solution – “consistent and generous portions.” That’s according to Scott Boatwright, the fast-casual chain’s interim CEO, on an earnings call Tuesday. He added that customers are posting proof of bigger burritos and

By Matt Egan, CNN New York (CNN) — After a ridiculous spike over the past five weeks that had absolutely nothing to do with the company’s actual business, former President Donald Trump’s social media stock is suffering a sudden setback. Truth Social owner Trump Media & Technology Group’s share price plunged 22.3% on Wednesday. That marks

By Jordan Valinsky, CNN New York (CNN) — People apparently can’t get enough of the Big Smasher burger, $6 margaritas and Triple Dipper combination platters at Chili’s. Brinker International, Chili’s parent company, reported a 14% jump in same-store sales and 6.5% increase in traffic as the chain continues to perform strongly with promotions that target

By Hanna Ziady, CNN London (CNN) — The United Kingdom is raising taxes by an eye-watering £40 billion ($52 billion), as the government seeks to plug a hole in its finances by targeting higher earners, wealthy foreigners and businesses. UK finance minister Rachel Reeves, the first woman to ever hold the position, unveiled the tax

By Erika Tulfo, CNN (CNN) — The trading card industry has gone to the dogs — literally. Topps, Fanatics’ trading card company, is partnering with the Westminster Kennel Club to release a line of inserts named “Stars of the Show,” which feature champion pooches from Sage the Miniature Poodle to Trumpet the Bloodhound. Included in

By Liam Reilly, CNN New York (CNN) — More than 250,000 Washington Post readers have canceled their subscriptions since the newspaper announced last week it would not make an endorsement in the presidential race, leading to a “huge spike” in cancelations, the Post reported late Tuesday. The endorsement decision, first announced on Friday by Post publisher Will Lewis,

CNN By Clare Duffy, CNN New York (CNN) — “There is a platform out there that you might not have heard about, but you need to know about it because, in my opinion, we are behind the eight ball here. A child is gone. My child is gone.” That’s what Florida mother Megan Garcia wishes

By Bryan Mena, CNN Washington (CNN) — The US economy seems to have pulled off a remarkable and historic achievement. Yet with just days to go before the presidential election, the majority of voters say they remain displeased with the state of the economy. Gross domestic product, which measures all the goods and services produced

By Alicia Wallace, CNN (CNN) — Private sector hiring blew past expectations in October, another sign that the US labor market remains on solid footing, payroll processor ADP reported Wednesday. Non-governmental employers added 233,000 jobs in October, a sharp acceleration from the 159,000 net increase reported for September, according to ADP’s latest National Employment Report.

By Piper Hudspeth Blackburn, CNN (CNN) — While gamblers outside of the United States have long been able to place bets on who will win the White House, in a historic shift this election cycle, Americans can make political wagers of their own. More than $100 million in election bets have been traded on Kalshi, a federally

By Clare Duffy, CNN New York (CNN) — “There is a platform out there that you might not have heard about, but you need to know about it because, in my opinion, we are behind the eight ball here. A child is gone. My child is gone.” That’s what Florida mother Megan Garcia wishes she

Analysis By Hanna Ziady, CNN London (CNN) — Germany narrowly escaped a recession in the third quarter, official data showed Wednesday, offering some relief to Europe’s biggest economy as its fortunes falter. Gross domestic product rose 0.2% in the July-to-September period driven by an increase in government and household spending, following a 0.3% contraction in